Live in one unit and rent out the others to cover your mortgage.Seller Financing: Negotiate terms with the property seller where they act as the lender, often requiring a smaller down payment and bypassing traditional underwriting.Partnerships or Joint Ventures: Partner with an investor who provides the capital in exchange for a share of the property’s equity or income.Lease Options: Use a rent-to-own agreement, which allows you to control the property while saving for a formal purchase.BRRRR Method (Buy, Rehab, Rent, Refinance, Repeat): Acquire a distressed property with short-term financing, rehab it to increase value, rent it out, and refinance to recoup your initial investment.Pro TipStay in close communication with your lender as you approach your next purchase.

@Joy McQuearyRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

This makes them ideal for investors with growing portfolios or those looking to take on larger projects.Portfolio lenders often offer more flexibility with their terms, allowing for creative deal structures and quicker closings.

I don't live in Richmond, but I'm very familiar and visit quite often.

Often the owner provided the wrong account or routing info.

For newer developers, credibility often hinges on clear and compelling financial documentation.

Often times foundation issues can be worse than expected once contracts start working on the repairs.

It starts slapping and bouncing around wildly and more often than not, gets further away from the water as it probably thinks its being successful in getting away, have you seen that before?

How often is an individual successfully sued for an amount that exceeds their insurance coverage?

Thanks in advance.The laws regarding real estate transactions are often state specific.